This is the point where you buy and watch for April 2022 close above 14 to confirm. Falling wedge, increased buying, and some type of wyckoff accumulation.
After passing along below the convergence point (where the 3 angled lines meet), testing the sub-$8 level 3 times finally fell momentarily below the $7 mark. In a simple view, this means that the floor has been broken and capitulation has occurred. We have now passed through 2 of the 3 converging lines. The remaining line represents the strongest psychological...
HYLN broke downtrend resistance and holding well above support. Also, large dynamic support at $7.91. If continues uptrend, HYLN first target is $9.26 which is in line with the 200 MA on 4 hour. - HH
In this for the long run. Don't think we will see any huge moves until end of the year.
Just bought more shares and brought cost average down to $8.82, purchased at $8.15.
Grabbed some monthly calls to see if this can secure support and gain buying volume.
My personal notes and not trade advice
Larger descending traingle. Bullish rip up above trend line resiatnce smaller descending triangle forming here support at 8.66. Could be setting up. Bullish news coming out on new trucks should start getting revenue from them soon and a lot of deals ! Price is so cheap for this company that I feel is doing big things !
EV sector continues to show behind the scenes buying from HFs/tutes (look at unusualwhales.com and sort by date of 13F filing). in a previous post, i shared this idea and thought that the accumulation was happening without this downward move into a spring happening. clearly i was incorrect, as we saw very strange -4% days all in a row--which appears very...
Biden's signing of the Electric Vehicle executive order may be a tailwind for HYLN (Hyliion), the Texas-based company producing EV motors and retrofitting hybrid systems for long-haul trucking fleets. Add to that the proposed I-14 expansion between Texas and Georgia and the electric vehicle charging stations included in the current Infrastructure Bill going...
Massive falling wedge. Broke down. Huge sell off, came back reflected off previous falling wedge resistance. Final moving averges crossing this week, could we’ve setting up for. Double bottom bullish reversal here? Will we need to retest the lower lows or is this the bottom around 9-925$? Could be great upside potentials. I am dabbleing in some 2022 calls while...
As you can see the hi-lighted yellow blob marks the intersection of the 3 descending trend lines. This looks very bearish to me in the short term. If the turquoise line doesn't hold, it could be heading to the $5 range to hopefully bottom out. If it does, I think it will start to turn around by mid December 2021. At that point I'll load up on a few hundred shares...
HYLN looks to be finally emerging from a severe bear market as are other EV names. Bullish divergence HTF and bearish LTF - I'll be looking to sell OTM puts and maybe buy an ITM call as a synthetic stock replacement in the $8 range and lower if price allows.
These EV stocks move like cryptos when they get going. Could be fun.
Not advice.
Hyliion recently joined the Russell 3000 and Russell 2000 indexes. Technically: this Weekly candle got clearly rejected by the white downtrend line last week. Squeezing within the small dotted uptrend channel. If HYLN manage to breakout upwards next week, then n the way up it will get rejected by several downtrend lines - blue, orange and green -. If no...
$HYLN Double Bottom with Bull Flag. Broke out Friday volume spike confirmation. Waiting for $ to break strong monthly resistance @12.65 neckline. AB=CD projection lines up perfectly with VPOC target.
Hyliion Holdings Corp. manufactures hybrid and electric powertrains for trucks. It engages in the provision of hybrid technology to tractor trailers. The company was founded by Thomas Healy in 2015 and is headquartered in Cedar Park, TX.
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